NextEnergy Solar Fund (LON:NESF) Posts Quarterly Earnings Results

NextEnergy Solar Fund (LON:NESFGet Free Report) issued its quarterly earnings data on Monday. The company reported GBX (10.61) EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,033 million during the quarter. NextEnergy Solar Fund had a negative net margin of 19.62% and a negative return on equity of 1.06%.

Here are the key takeaways from NextEnergy Solar Fund’s conference call:

  • NESF said the year was challenging because a persistent discount to NAV weighed on the share price, prompting an unwelcome but, in management’s view, necessary change to the dividend policy.
  • The portfolio outperformed budget, generating 844 GWh of electricity, while total income rose to GBP 141.3 million and EBITDA increased to GBP 104.5 million.
  • NESF completed the initial capital recycling program, selling 245 MW of assets and raising about GBP 119 million, while also repaying roughly GBP 31 million of debt and reducing costs through lower fees and O&M savings.
  • NAV fell to GBP 437.5 million, mainly due to lower long-term power price forecasts, changes to subsidy indexation, and a higher discount rate, despite strong operating performance.
  • Management reiterated a strategic reset focused on deleveraging, disciplined capital allocation, and long-term value creation, including potential upside from repowering, battery storage, and asset-life extensions.

NextEnergy Solar Fund Stock Down 0.4%

NESF opened at GBX 45 on Tuesday. The company has a debt-to-equity ratio of 38.86, a current ratio of 9.28 and a quick ratio of 13.96. The stock has a market capitalization of £258.84 million, a price-to-earnings ratio of -44.55, a price-to-earnings-growth ratio of 1.17 and a beta of 0.34. The business has a 50-day moving average of GBX 46.14 and a two-hundred day moving average of GBX 48.24. NextEnergy Solar Fund has a 12 month low of GBX 43 and a 12 month high of GBX 78.77.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated an “underperform” rating on shares of NextEnergy Solar Fund in a report on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, NextEnergy Solar Fund presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on NextEnergy Solar Fund

NextEnergy Solar Fund Company Profile

(Get Free Report)

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the main market of the London Stock Exchange.

NextEnergy Solar Fund’s investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, in the form of regular dividends and total return, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets. The majority of NESF’s long-term cash flows are inflation-linked via UK government subsidies.

On 11 March 2026, NextEnergy Solar Fund (NESF) announced a roadmap to give shareholders both total returns and attractive income with long-term visibility.

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